Loan for business strength and growth

Samuel

Mbita, Kenya

70% repaid

Entrepreneur

Name

Samuel

Member since

August 2015

On-time repayments

8 installments  •  0%

About Me

I am a married person. I have a wife and two children and i live in Mbita Kenya. Professionally i am a trained ICT expert. My business involves providing
services to people in their offices i.e performing routine maintenance ,fixing hardware and software related issues. Within this line, i trade on printer ink cartridges,tonners and the general computer accessories. I seek orders and make supply as may be required by an institution e.g schools,offices or individuals. I also source computers, printers to customers who are in need of either refurbished or new machines and carry out installations of computer softwares .

My greater objective is to work harder and later be able to source a number of machines to enable me stock them for people to access them locally.

My Business

The major source of my business is academic institutions,offices and the general public. Through networking, i do get business in other regions outside the province.

This money when granted, i intend to use it in stocking fast moving computer accessories and to strengthen my business in the long run to enable me manage big
contracts that requires purchase of new machines and installations of ICT infrastructure as may be required by my clients with ease.

I intend to further work hard so that i get to qualify for a higher loan that would effectively see me realize my objective that i so desire.

Loan Proposal

The primary objective as to why i need this loan is first and foremost to enable me
catalyze the progress of my already running business to enable me run with ease
and to further stock the items of trade (Fast moving Computer accessories) as i
work hard towards my envisaged objective to later acquire a bigger loan that would enable me manage bigger contracts that calls for a great financial muscle.

For the start in this Loan, i would seek to boost my stock and to enable me propel towards greater business goals through Zidisha loan.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Sep 12, 2015

Repayment status

Late

Projected term

8 weeks

Lenders

PG

Paul Graham

United States

Ask Samuel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Benard    May 9, 2017

    Samwel promised to pay immediately, let's hope for the best response from him

    Log in to reply • Share
  • Benard    May 9, 2017

    I have again contacted Samwel over his loans, he told me that he was making arrangements for the payments. I also asked him the cause for his delays and told me he was sick.

    Log in to reply • Share
  • Benard    Apr 3, 2017

    I told him that, this would increase his chances of borrowing, Mr Samwel accepted to adhere to that.

    Log in to reply • Share
  • Benard    Apr 3, 2017

    I told him that, this would increase his chances of borrowing, Mr Samwel accepted to adhere to that.

    Log in to reply • Share
  • Benard    Apr 3, 2017

    I met Mr Samwel Oluoch last week and encouraged him to pay the arears. He promised to pay.

    Log in to reply • Share
  • Benard    Feb 15, 2017

    Dear lenders I have made several intervention in regards of samwels arrears and encouraged him to pay his loan, we hope he will improve

    Log in to reply • Share
  • Benard    Feb 15, 2017

    Samuel please pay the arrears has you promised, you can even reduce your weekly submissions to enable you pay promptly and efficiently

    Log in to reply • Share
  • Benard    Feb 15, 2017

    I have called him and promised to start paying immediately

    Log in to reply • Share
  • Kennedy    Jan 16, 2016

    Samuel, Kindly make weekly repayments as we agreed with you earlier today.

    Log in to reply • Share
  • Kennedy    Jan 16, 2016

    Samuel, kindly improve your weekly loan repayments as we agreed upon earlier today over my phone call to you.

    Log in to reply • Share
  • Kennedy    Jan 6, 2016

    I am getting in touch again with Samuel in order to know why he has not started his weekly repayments.

    Log in to reply • Share
    • Samuel    Jan 15, 2016

      The payments are on and i am due to clear the remaining loan balance in due course possibly in one installment or at worst three instalments(3 weeks time). Kind regards.

      Log in to reply • Share
  • Kennedy    Nov 29, 2015

    Samuel, kindly long in to ZIDISHA and change your weekly remittances.

    Log in to reply • Share
  • Samuel    Nov 5, 2015

    Hi,
    I am very much pleased to communicate to you that my business is on the upward trend and i am getting value for the money that i was lent. Initially there was a little bit temporary lag in business flow but i am pleased to inform you that i am doing well and i look forward for your continued support as i work towards my envisaged greater objective of expanding my business to greater heights so that i become economically stronger. God bless you for the positive attitude that you have towards my economic growth.

    Log in to reply • Share
  • Kennedy    Oct 28, 2015

    Samuel, kindly log in and change your weekly repayment plan to enable you assure your lenders that you are honest and will be repaying their loans in good time as agreed upon.

    Log in to reply • Share
  • Samuel    Sep 15, 2015

    Hi,
    I take this opportunity to thank you so much indeed for the money you have lent to me. I am very much pleased to inform you that i have already received the cash and i have already put it into use in my business.

    The objective that i had was to invest the money in fast moving computer accessories and i would wish to report the following.

    I have been able to buy the following for sale: Blank Compact disk recordable (CDR), Blank Digital Video disk recordable (DVD R), Flash disks, Memory cards, Ink for Ink Cartridge refill and Printing papers for the first Loan.
    With these, i would be able to serve the demands of my customers well to enable me run efficiently and at the same time build more money to facilitate the repayment of my first Loan with ease.

    I promise to repay my loan at the right time and i hope you will continue to support the growth of my business to another level.

    I will be getting you kept posted on the latest developments in my business.

    May God bless you abundantly.

    Log in to reply • Share


Loading...

Loading...

Loading...